Governance Parameters
| Parameter | Value |
|---|---|
| Voting Power | 1 staked $P2P = 1 vote (delegatable) |
| Voting Delay | 1 day |
| Voting Period | 7 days |
| Standard Quorum | 4% |
| Critical Quorum | 20% |
| Standard Majority | 50% + 1 |
| Critical Majority | 66% supermajority |
| Timelock | 7 days before execution |
Voting Mechanics
Voting Power
- 1 staked $P2P = 1 vote
- Voting power is delegatable
- Only staked tokens count for governance
Proposal Thresholds
- Standard Proposals
- Critical Proposals
Standard Quorum: 4% of staked tokens must participateStandard Majority: 50% + 1 of votes cast must approveUsed for routine parameter changes and non-critical updates
Timeline
- Voting Delay: 1 day after proposal submission
- Voting Period: 7 days for voting
- Timelock: 7 days before execution (if passed)
Governable Parameters
Token holders can control:Fee Structure
Fee percentages and spread configuration
Staking Rules
Staking requirements and slashing conditions
Volume Limits
Transaction volume limits and caps
Treasury Allocation
How protocol revenue is deployed
Smart Contracts
Protocol upgrades and contract changes
Token Whitelisting
Which tokens can be used in the protocol
Additional Resources
For contract-level governance detail (roles, permissions, dispute mechanics), see For Builders.